Veebee Yarnntex Private Limited

Veebee Yarnntex Private Limited

Produces high-quality cotton yarn for luxury home textiles and premium fabrics.
2004 | Virudhunagar, Tamil Nadu (India) | Active

Last Updated:

November 16, 2024
HomeCompanyVeebee Yarnntex Private Limited

Who are the key members and board of directors at Veebee Yarnntex?

Executive Team (2)

NameDesignationAppointment DateStatus
Alagarsamy Saravanakumar InManaging Director11-Feb-2004Current
Natarajan SanthiCompany Secretary25-Mar-2021Current

Board Members(1)

NameDesignationAppointment DateStatus
Saravanakumar Ramapriya In Whole-Time Director 11-Feb-2004Current

Financial Performance and Corporate Structure Insights of Veebee Yarnntex.

Veebee Yarnntex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.42% increase. The company also saw a substantial fall in profitability, with a 105.86% decrease in profit. The company's net worth dipped by a decrease of 2.27%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.42%
Revenue from Operations
16.15%
Total Assets
2.96%
Profit or Loss
-105.86%
Net Worth
-2.27%
EBITDA
-57.19%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹250.97 Cr

₹190.99 Cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Dec 2021
₹38.57 CrOpen

State Bank Of India

Creation Date: 01 Dec 2021
₹212.31 CrOpen

Others

Creation Date: 18 Mar 2021
₹0.86 MOpen

How Many Employees Work at Veebee Yarnntex?

Veebee Yarnntex has a workforce of 967 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Veebee Yarnntex

Recent activity within the organization

  • Annual General Meeting

    Veebee Yarnntex Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Veebee Yarnntex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 212.31 Cr registered on 01 Dec 2021 with Charge ID 100513629 was modified on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge registered on 30 Jul 2021 via Charge ID 100473588 with Axis Bank Limited was fully satisfied on 18 Feb 2022.

    18 Feb 2022

  • Charges

    A charge registered on 21 Dec 2005 via Charge ID 90287092 with Others was fully satisfied on 15 Feb 2022.

    15 Feb 2022

  • Charges

    A charge registered on 24 Mar 2007 via Charge ID 10051711 with Bank Of India was fully satisfied on 14 Feb 2022.

    14 Feb 2022

Frequently asked questions

  • Veebee Yarnntex Private Limited was incorporated on 11 Feb 2004.

  • The authorized share capital of Veebee Yarnntex Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 3 directors are associated with Veebee Yarnntex Private Limited.

    • Alagarsamy Saravanakumar
    • Saravanakumar Ramapriya
    • Natarajan Santhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Veebee Yarnntex Private Limited is Subburaaj Cotton Mill Private Limited Premise Srivilliputtur Road Kothankulam Village, India, Rajapalayam, Tamil Nadu, 626117.

  • The corporate identification number (CIN) of Veebee Yarnntex Private Limited is U17111TN2004PTC052510 and the company number is 052510 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Veebee Yarnntex Private Limited has risen by 16.42%.

  • As Per 2023 financial reports, 967 employees are currently employed by Veebee Yarnntex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Veebee Yarnntex Private Limited has experienced an downturn of -2.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Veebee Yarnntex Private Limited amount to ₹ 250.97 Cr.

  • The most recent Balance Sheet for Veebee Yarnntex Private Limited was filed with the ROC on 31 Mar 2024.

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